03/10/2023
Please support H.R. 9015 the “More Homes on the Market Act”.
Sponsored by Rep Jimmy Panetta, the bill increases the tax exclusion from the sale of a principal residence from $250,000 to $500,000 for singles and from 500K to one million for married couples.
This bill will free up inventory from owners hesitating to sell based on tax hit and make it easier for long term owners to move down to a home that suits their current needs.
